The shareholders' equity of Sarikas Company includes the items shown below. The board of directors of Sarikas declared cash

dividends of $$3\mathrm{.}5$ million, $$6\mathrm{.}0$ million, and $$52\mathrm{.}0$ million in each of its first three years of operation: $2022,2023,$ and $2024,$

respectively.

Common stock, $$1$ par, $50,000,000$ shares outstanding

Preferred stock, $6\%,$ $$100$ par, $1,000,000$ shares outstanding

Required:

Determine the amount of dividends per share on preferred and common stock for each of the three years. The preferred stock is

cumulative and nonparticipating.

Note: Round your final answers to $2$ decimal places.